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JX Nippon Oil & Gas Exploration Corporation

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Mar 20, 2024

JX Nippon and Chevron to Collaborate on Development of CCS Value Chain

JX Nippon announced that it has signed a Memorandum of Understanding that provides a framework for evaluating the export of carbon dioxide from Japan to Carbon dioxide Capture and Storage (CCS) projects in Australia and other countries in the Asia-Pacific region.

JX Nippon, ENEOS Corporation, Mitsubishi Corporation, and PETRONAS CCS Solutions Sdn Bhd("PCCSS”), have signed a Memorandum of Understanding to jointly study CCS and the establishment of potential CCS value chains from CO2 capture and accumulation in Tokyo Bay, shipping, and CO2 storage in Malaysia.

JX Nippon Oil & Gas Exploration Corporation has announced that the Carbon Capture Facility of the Petra Nova CCUS Project which had been shut down since May 2020, restarted operations on September 5, 2023.

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